created by Glenn Tamashiro

Hello and welcome. This site was developed to keep you informed about the various lessons and activities that are held in our Government/Economics and Honors Government/AP Macroeconomics classes.

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Economics and HGov APMacro: Snow Day


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No school today.

 

Econ and HGov APMacro: Snow Day


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No school today.

 

Econ and HGov APMacro: Snow Day


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No school today.

 

HGov APMacro: Supply


Supply v QSupplied
Supply, like demand, is another important concept. Supply is defined as the quantities of output that producers will bring to market at each and every price.

Like demand, supply can be presented in the form of a supply schedule, or graphically as a supply curve. Individual producers have their own supply curves, and the market supply curve is the sum of individual supply curves.

The Law of Supply states that more output will be offered for sale at higher prices and less at lower prices. A change in quantity supplied is represented by a movement along the supply curve, whereas a change in supply is represented by a shift of the supply curve to the left or right.

Changes in supply, STORES, are caused by changes in: Subsidies, taxes, laws: Technology/ productivity; Other conditions, Resources: the cost of inputs, producer Epectations, and the number of Sellers in the market. Supply elasticity describes how producers will change the quantity they supply in response to a change in price.

A supply curve is the graph that shows the relationship between price and quantity supplied. A change in the quantity supplied is a result of a change in price.  A change in supply of a particular item shifts the entire supply curve to the left or right. When a business wants to expand, it has to consider the law of diminishing returns to decide how much expansion will help the business.

Econ: Export Import Goals


Teams plan how they intend to meet their objectives through leveraging the resources they possess for the resources they need. Teams are encouraged to negotiate trade agreements in order to reach their objectives. Teams will determine which countries might make a favorable trading partner and who are competitors.

Econ and HGov APMacro: Snow Day


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No school today.

 

 

HGov APMacro: Graphing Demand



Draw and properly label demand graphs and changes in demand and/or quantity demanded. Identify a shifter or change in demand. Present a headline. Draw the increase of decrease in demand or quantity demanded.